The short-term trend remains strong as the index sustains above critical moving averages on the daily timeframe. A “buy on dips” strategy is favored as long as it remains above 19,550. On the higher end, it might move towards 20,000-20,200.
NSE shares fall 2%, trade marginally above IPO price after debut. Why are Macquarie, other brokerages bullish?
NSE shares fell by 1.6% to Rs 1,790 following its stock market debut on Thursday. Brokerages Macquarie and Emkay assigned positive ratings, citing growth potential